Business
AGM Trading Statement & Update On Board Structure
AGM Trading Statement & Update On Board Structure.
About this update from Staffline Group Plc
[{"type":"text","content":"\n \nRNS Number : 8754G Staffline Group PLC 19 May 2011 \n \n\nFor immediate release 19 May 2011\n \nSTAFFLINE GROUP PLC\n(\"Staffline\" or \"the Group\")\n \nAGM TRADING STATEMENT\n&\nUPDATE ON BOARD STRUCTURE\n \nAGM TRADING STATEMENT\nStaffline, the national outsourcing organisation providing people and operational expertise to industry, issues the following statement on trading which will be given at the Group's Annual General Meeting which will be held at 10.00am this morning. \n \nAt the meeting Andy Hogarth, Chief Executive of the Group, will make the following statement on current trading:\n\"As mentioned at the time of the Fourstar acquisition, at the end of April, trading for the first quarter of 2011 has been ahead of budget and this trend has continued during April with the Group showing good growth against the prior year's trading. It remains too early to draw firm conclusions about the year as a whole, particularly as we move into the second half of the year with tougher comparables to the prior year, however, the Board are confident that the Group will comfortably meet market expectations. This has been supported by strong demand for our OnSite offering and the increased need for temporary workforces by our clients.\n \nWe recently announced the acquisition of Birmingham based Fourstar Employment & Skills Ltd and we have begun the process of integrating this into the Group. Though it is still early in the integration process we are very pleased with the business and people at Fourstar and we look forward to providing further updates in due ...